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Geppy's Geppy Thread (GBP/JPY)

  • #7,601
  • Edited 4:22pm Jul 8, 2013 9:48am | Edited 4:22pm
Short , TP : 150.23
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  • #7,602
  • Edited 9:29pm Jul 8, 2013 9:17pm | Edited 9:29pm
The pink line at 151.4 may possibly be the decider between bullish and bearish should it try to launch north soon. If it waits for another few hours, maybe the resistance will just pass below it.

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  • #7,603
  • Edited 2:30am Jul 9, 2013 1:13am | Edited 2:30am
.. and it's clear ... i think
  • #7,604
  • Jul 9, 2013 3:54am Jul 9, 2013 3:54am
And Cable does it again
  • #7,605
  • Jul 9, 2013 3:54am Jul 9, 2013 3:54am
i used this drop to add more longs , but they are underwater now
  • #7,606
  • Jul 9, 2013 4:06am Jul 9, 2013 4:06am
Quoting netera
i used this drop to add more longs , but they are underwater now
I have no idea as to whether it will try again, or whether this is the start of the next down leg
  • #7,607
  • Jul 9, 2013 4:10am Jul 9, 2013 4:10am
Quoting Mpt
{quote} I have no idea as to whether it will try again, or whether this is the start of the next down leg
who would? hehe.
  • #7,608
  • Edited 6:21pm Jul 9, 2013 4:11am | Edited 6:21pm
The fundies are what drive the market friends!
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  • #7,609
  • Jul 9, 2013 4:14am Jul 9, 2013 4:14am
Quoting jest1081
{quote} who would? hehe.
Well, it is in a form of rising channel, so anything is still possible
  • #7,610
  • Jul 9, 2013 4:17am Jul 9, 2013 4:17am
Quoting Fx3422271
The fundies are what drive the market friends! http://www.youtube.com/watch?v=GtUVQei3nX4 {image} {image}
You confuse fundamentals for news and vice versa
  • #7,611
  • Jul 9, 2013 4:23am Jul 9, 2013 4:23am
Quoting Mpt
{quote}so anything is still possible
meaning? up or down?
was collecting abit of shorts during asia. think the asian boys tried to shore it up before london bell.
maybe they guessed the data would be bad
  • #7,612
  • Jul 9, 2013 4:42am Jul 9, 2013 4:42am
Quoting jest1081
{quote} meaning? up or down? was collecting abit of shorts during asia. think the asian boys tried to shore it up before london bell. maybe they guessed the data would be bad
On earlier posts I commented that the 151.4 area was a big one to get back over. OK, it went a pips over and failed - dramatically. When it did so, it was overstretched on most TFs. Since its bottom at 149.5 it has been slowly working upwards and building some form of support as it went. I'm just suggesting that it may try to take out the top again - maybe. Maybe it just needed another retrace. But the rejection was impressive ... time will tell
  • #7,613
  • Jul 9, 2013 5:22am Jul 9, 2013 5:22am
Quoting Mpt
{quote} On earlier posts I commented that the 151.4 area was a big one to get back over. OK, it went a pips over and failed - dramatically. When it did so, it was overstretched on most TFs. Since its bottom at 149.5 it has been slowly working upwards and building some form of support as it went. I'm just suggesting that it may try to take out the top again - maybe. Maybe it just needed another retrace. But the rejection was impressive ... time will tell
noted with thanks. Cheers!
  • #7,614
  • Edited 6:22pm Jul 9, 2013 6:36am | Edited 6:22pm
All in a days...

Umm, I mean...

I'm out.
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  • #7,615
  • Jul 9, 2013 5:47pm Jul 9, 2013 5:47pm
Quoting forex4india1
bearish butterfly pattern still valid for GBP/JPY. If any chartist here let me know your views {image}
that's a badass chart you got there, bro. i love looking at everyone's different chart setups. i just find it so interesting! i think anyone and everyone who is posting their own views on the market should be required to post a chart to back it up. anyway just my 2 cents!
Please check out my blog at https://from-zero-to-hero . net
  • #7,616
  • Jul 9, 2013 5:54pm Jul 9, 2013 5:54pm
Quoting Fx3422271
The fundies are what drive the market friends! http://www.youtube.com/watch?v=GtUVQei3nX4 {image} {image}
I disagree 100%... But hey, isn't that what makes a market?! Would be curious to know why you say this, anyhow. I'm happy to back up my claims as to why I believe the opposite... if anyone is, in fact, interested.

Also, that's a pretty sweet chart you got too. Is that even MT4? How do you get the prices of the EMA's displayed on the top-left corner? I have never been able to figure that out.
Please check out my blog at https://from-zero-to-hero . net
  • #7,617
  • Jul 9, 2013 8:39pm Jul 9, 2013 8:39pm
Up up up and awwwayyy!

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  • #7,618
  • Jul 9, 2013 9:01pm Jul 9, 2013 9:01pm
wtffff is going on?!?! and why didn't i take my profits?!!!
Please check out my blog at https://from-zero-to-hero . net
  • #7,619
  • Jul 9, 2013 9:04pm Jul 9, 2013 9:04pm
i got fractal lows at 150.099... below there and it could get ugly
Please check out my blog at https://from-zero-to-hero . net
  • #7,620
  • Jul 9, 2013 9:09pm Jul 9, 2013 9:09pm
sorry, but HOW COULD YOU SAY THIS MARKET IS NOT TECHNICAL?! Wtf just was that?

Someone please tell me. Also if you could tell me what's wrong with me that would be great too.
Please check out my blog at https://from-zero-to-hero . net
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